Question

explain various definitions of economics​

Answer 1

Answer:

Hii,

Explanation:

ᴇᴄᴏɴᴏᴍɪᴄs ɪs ᴛʜᴇ sᴛᴜᴅʏ ᴏғ ᴍᴀɴᴋɪɴᴅ ɪɴ ᴛʜᴇ ᴏʀᴅɪɴᴀʀʏ ʙᴜsɪɴᴇss ᴏғ ʟɪғᴇ. - ᴀʟғʀᴇᴅ ᴍᴀʀsʜᴀʟʟ. ᴇᴄᴏɴᴏᴍɪᴄs ɪs ᴛʜᴇ sᴄɪᴇɴᴄᴇ ᴡʜɪᴄʜ sᴛᴜᴅɪᴇs ʜᴜᴍᴀɴ ʙᴇʜᴀᴠɪᴏᴜʀ ᴀs ᴀ ʀᴇʟᴀᴛɪᴏɴsʜɪᴘ ʙᴇᴛᴡᴇᴇɴ ᴇɴᴅs ᴀɴᴅ sᴄᴀʀᴄᴇ ᴍᴇᴀɴs ᴡʜɪᴄʜ ʜᴀᴠᴇ ᴀʟᴛᴇʀɴᴀᴛɪᴠᴇ ᴜsᴇs. - ʟɪᴏɴᴇʟ ʀᴏʙʙɪɴs. ᴇᴄᴏɴᴏᴍɪᴄs ᴄᴏᴍᴇs ɪɴ ᴡʜᴇɴᴇᴠᴇʀ ᴍᴏʀᴇ ᴏғ ᴏɴᴇ ᴛʜɪɴɢ ᴍᴇᴀɴs ʟᴇss ᴏғ ᴀɴᴏᴛʜᴇʀ.

Brainliest plzz...

@Itzjanu143

Answer 2

Answer:

hi

The earlier term for 'economics' was political 'economy'. It is adapted from the French Mercantilist usage of économie politique, which extended economy from the ancient Greek term for household management to the national realm as public administration of the affairs of state.[2] Mister James Steuart (1767) wrote the first book in English with 'political economy' in the title, explaining that just as:

Economy in general [is] the art of providing for all the wants of a family, [so the science of political economy] seeks to secure a certain fund of subsistence for all the inhabitants, to obviate every circumstance which may render it precarious; to provide every thing necessary for supplying the wants of the society, and to employ the inhabitants ... in such manner as naturally to create reciprocal relations and dependencies between them, so as to supply one another